Alphabet Inc. Closes $25B Senior Notes Offering

What Happened
Alphabet Inc. announced on Aug. 10, 2026 (Form 8-K) that it closed an underwritten public offering of $25.0 billion aggregate principal amount of U.S. dollar-denominated senior notes under its Form S-3 registration. The notes were issued under the Indenture dated Feb. 12, 2016, with The Bank of New York Mellon Trust Company, N.A. as trustee. The 8-K includes the forms of the notes and the Indenture by reference.

Key Details

• Total offering: $25.0 billion in senior notes closed Aug. 10, 2026.
• Tranche breakdown (principal / coupon / maturity):
  • $750M floating rate notes due 2028
  • $1,250M 4.500% notes due 2028
  • $500M floating rate notes due 2029
  • $2,000M 4.625% notes due 2029
  • $3,500M 4.875% notes due 2031
  • $2,500M 5.200% notes due 2033
  • $4,500M 5.450% notes due 2036
  • $3,000M 6.250% notes due 2046
  • $4,500M 6.375% notes due 2056
  • $2,500M 6.500% notes due 2066
• The notes are governed by the Indenture dated Feb. 12, 2016 (trustee: BNY Mellon); related note forms and a legal opinion were filed as exhibits to the 8-K.
• The 8-K does not specify the use of proceeds.

Why It Matters
This transaction increases Alphabet’s outstanding long-term debt by $25 billion and establishes fixed and floating interest obligations across maturities from 2028 through 2066. For investors, key takeaways are the size of the offering, the range of coupons (mid-single to high-single digits on longer maturities), and the extended maturities that affect the company’s future interest expense and debt profile. The filing provides legal and documentation details but does not disclose how Alphabet will use the proceeds.